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Surface Inspection Market Report Forecasts High Growth by 2022 - Scalar Market Research

A new study offers key insights about Surface Inspection Market for the forecast 2017-2022

 

Chicago, IL -- (SBWIRE) -- 09/21/2017 -- Growth in the manufacturing sector and increase in demand for quality manufacturers are some of the major factors favoring the growth of the surface inspection sector. Vision-based surface inspection is an important component in the field of manufacturing and quality control. In recent years there have been advancements in the inspection technology such as development of advanced cameras, software and image sensors. Industries across the world are understanding the importance of surface inspection in manufacturing setup which is promoting the market growth. This report studies the current and future aspects of surface inspection market.

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The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the surface inspection market. The scope of this report covers the surface inspection market by its major segments, which include the types, applications, and the major geographic regions.

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KEY PREMIUM INDUSTRY INSIGHTS

1. The rise in number of manufacturing industries is driving the surface inspection market worldwide. There is an increase in demand for quality driven products, and need for automation in industrial sectors which are together contributing towards the growth of the market.

2. Low hardware cost associated with the process and availability of faster processors are also major factors boosting the market growth. There is increase in demand for software that can provide elements to deploy and develop the relevant images for surface inspection. This feature is helping the surface inspection market gain popularity.

3. Rise in awareness among industries worldwide is also one of the major reasons to promote the growth of the market. However, change in customer demands and requirements is hampering the growth of the surface inspection market.

The global surface inspection market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia-Pacific region holds the highest market share and is the largest revenue contributors for the surface inspection market. The region shall continue to dominate over the forecasted period because of the increase in the number of manufacturing industries in countries like India, China and Japan. Next in line is the North America region which is witnessing a rapid market growth. Europe market is also gaining pace because of the emergence of industrial sector.

KEY MARKET PLAYERS

Key players in the surface inspection market include:

1. ISRA VISION AG
2. AMETEK, Inc.
3. Omron Corporation
4. Teledyne Technologies Inc.
5. Micros scan Systems, Inc.
6. Toshiba Corporation
7. Panasonic Corporation
8. Matrox Electronic Systems Ltd.
9. IMS Messsysteme GmbH
10. VITRONIC GmbH

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